Venezuela is in the throes of a deep political and economic crisis. The country's democratic system has produced two successive tyrannical dictators, Hugo Chavez and Nicolas Maduro. There are extreme shortages of food and other essential items. Pri

Venezuela is creating its own "petrocurrency," backed by reserves in oil, gas, gold and diamonds. It will enable Venezuela "to advance in monetary sovereignty, carry out its financial transactions to overcome the financial blockade," Maduro s

As OPEC is set to celebrate the extension of the cartel's oil production cut for another year in Vienna, Venezuela former-oil minister and the former head of the now defaulted state energy company PDVSA have no reasons to celebrate following their ov

Less than a week after Venezuela shocked the world by announcing it would proceed to restructure its massive external debt, even as it was within the grace period on hundreds of millions in unpaid interest expense,

This past weekend, Venezuela failed to make $237 million in bond coupon payment, blaming "technical glitches" when in reality it simply did not have the money (or wish to part with it). Adding the $349 million in unpaid bond interest accumulated over

Inside a locked room in an office building in Caracas, 20 humming computers use their data-crunching power to mine bitcoins, an increasingly popular tool in the fight against Venezuela's hyperinflation.

With its coffers empty and its financial moves restricted by U.S. sanctions, Venezuelan President Nicolás Maduro's government is facing a nightmarish scenario with the approach of Halloween, when a series of debt payments totaling more than $3.5 b

media controlled, citizens blocked from escaping... Natural News) It looks like more trouble in paradise for the socialist utopia of Venezuela.
The list of issues includes food rationing and widespread starvation, skyrocketing unemployment, rampant

The socialist nation of Venezuela has called on its military and asked them to prepare to go to war with the United States. Venezuela's President Nicolas Maduro is bracing for war just days after the Trump administration banned Venezuelan officials